Given that this pair has been bearish since the start of the year i believe the range was just a pause.
Rectangle is a Daily Candle for 14/01/2025. Since then, we have been trading inside 14/01/2025's High and Low Range.
We have a bearish trendline that has been in play since the start of the year.
Inside 14/01/2025's High and Low Range we have an ascending megaphone pattern, the break of which will trigger sell positions.
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